A project has the following estimated data: price = $66 per unit; variable costs = $23.76 per unit; fixed costs = $5,600; required return = 18 percent; initial investment = $11,000; life = seven years. Ignore the effect of taxes.

(a)	What is the accounting break-even quantity? (Do not round your intermediate calculations.)

(b)	What is the cash break-even quantity? (Do not round your intermediate calculations.)

(c)

What is the financial break-even quantity? (Do not round your intermediate calculations.)

(d)	What is the degree of operating leverage at the financial break-even level of output? (Do not round your intermediate calculations.)